1. on auust 15, 2011, the board of directors of midland corporation declared a cash dividend, payable September 8, 2011, of $1.80 per share on the 115,000 common shares outstanding. The accounting periods end August 31. How will this be reflected on the balance sheet at august 31, 2011

How will this be reflected on the balance sheet at august 31, 2011?

The balance in? dividend receivable or dividend payable of ?$_ will be reported as a? current assets, current liability, contributed capital amount or long term liability on the balance sheet. ? Cash, retaining earnings or net income will decrease by ?$

2. Suppose that for 2010 Aquarius company's current assets totaled $60,000; total assets totaled 470,000; current liabilities totaled 72,000; and total liabilities totaled $430,000. Calculate the debt- to- equity ratio for aquarius for 2010.

a. calculate the debt- to- equity ratio for Aquarius for 2010. select the formula for the debt- to- equity ratio. then enter the amounts and calculate the ratio for aquarius for 2010. ( round your answer to three decimal places)

3. Joe paycheck earned 1,625 per month as the manager of a recording studio. Joe has 27% of his earnings withheld for federal income taxes. There are no other amounts withheld except for those required by the federal government. What are the other amounts that must be deducted from joes earnings?calculate the net amount joe will receive on his next paycheck.

what are the other federal deductions required to be withheld from joes paycheck? calculate the withholdings and the net earnings. (Assume the social security tax rate is 6.2% and the medicine tax rate is1.45%)

Earnings?

less:

federal income tax ?

net earnings?